If the average salary in a company is $52,500 and the standard deviation is $7,800, what...
If the average salary in a company is $52,500 and the standard deviation is $7,800, what percentage of employees earn more than $60,300?
Homework Answers
Desired probability
From standard Normal Table we get the value of P(z > 1) = 0
So, 0% of people earn more than 60,300$ assuming the distribution to be normal.
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